Webuild wins $223m contract to revamp big Tampa interchange

Webuild’s US subsidiary Lane has won a $223m design-and-build contract to improve the I-275/I-4 highway interchange in Tampa, Florida.

The Florida Department of Transportation wants to upgrade the I-275/I-4 as a main hurricane evacuation route for the greater Tampa Bay area.

Starting in 2023, Lane will widen roads, realign ramps, update signage and erect noise barriers on the interchange, which is used by 200,000 vehicles a day.

It’s the second contract for Lane in Florida this year after being chosen in May to help upgrade an air force base in Panama City to make it more resilient to heavy storms, after being severely damaged by Hurricane Michael in 2018.

Lane’s other projects in Florida include Wekiva Parkway in Seminole County, Poinciana Parkway in Osceola County, and Suncoast Parkway in Hernando and Citrus counties.

Italy-headquartered Webuild said the Tampa interchange project emphasises the importance of North America as a core market, responsible for 21% of the group’s consolidated revenues in 2021. The company expects more work as the Biden administration rolls out its large infrastructure initiative.

Lane, meanwhile, is already working on an adjacent contract to improve the I-275 Corridor.

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